Shree Ajit Pulp & Paper L

NSE: SAPPL · Paper & Paper Products · sector

₹298.55NSE close 2026-10-26

Key numbers

Market cap₹266 cr

Price₹298.55

52w high / low₹380 / ₹252

P/E6.4xSector median 13.8x

P/B0.9xSector median 0.6x

Book value₹312.6

Dividend yield–Sector median 1.38%

ROE15.8%Sector median 5.8%

ROCE16.9%Sector median 5.9%

OPM14.7%Sector median 8.2%

Debt / equity0.92xSector median 0.42x

EV/EBITDA4.9xSector median 8.0x

Interest cover2.7x

Current ratio2.18x

Sales growth 3y+23.5%Sector median -4.5%

Profit growth 3y+38.6%Sector median -13.6%

PEG0.38x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 40 companies in Paper & Paper Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹4 cr vs borrowings ₹256 cr (FY26): borrowings are higher by ₹252 cr.
Operating profit covered interest 2.7x in the last 12 months.
Other income was 9% of net profit in the last 12 months.
Dividend paid in 3 of the last 5 financial years.
Price ₹298.55 on 2026-10-26: -21.4% from the 52-week high, +18.5% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹324.45 · low ₹182.45

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	155	177	172	177	175	201
EBITDA	18	23	21	23	26	36
OPM %	11.4%	13.0%	12.1%	13.2%	15.1%	17.9%
Other income	2	0	0	0	2	1
Net profit	5	7	6	8	10	19
EPS (₹)	5.45	7.95	6.56	8.46	10.80	20.84
Revenue YoY					+12.6%	+13.6%
Profit YoY					+111.7%	+162.2%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	418	372	295	506	701	725
EBITDA	46	29	21	51	94	106
Net profit	25	11	8	10	30	42
EPS (₹)	46.77	21.07	14.18	11.95	33.78	46.66
Revenue growth		-11.1%	-20.8%	+71.6%	+38.7%	–
Profit growth		-54.9%	-30.1%	+26.2%	+201.7%	–
Dividend / share (₹)	1.00	1.00	1.00	–	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+23.5%	–	–
Net profit	+38.6%	–	–
EPS	+17.0%	–	–
Share price	–	– (2y)	–

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	248	278
Borrowings	285	256
Cash & equivalents	16	4
Total assets	600	616
Fixed assets	408	389
Capital work in progress	0	1
Investments	0	3
Receivables	78	100
Inventory	68	71
Payables	32	35

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	8	63
Cash from investing	-46	-8
Cash from financing	48	-63
Capex	47	5
Free cash flow	-39	58

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	4.0%	10.8%
ROCE %	6.9%	14.3%
Debtor days	57	52
Inventory days	80	60
Payable days	38	30
Cash conversion cycle (days)	99	82
Working capital days	33	60

Peers in Paper & Paper Products

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
JKPAPER	₹6,689 cr	20.2x	1.2x	5.9%	8.0%	12.9%	+3.2%	1.27%
WSTCSTPAPR	₹5,203 cr	22.6x	1.4x	6.5%	9.4%	11.5%	-4.5%	0.74%
SESHAPAPER	₹1,290 cr	13.0x	0.6x	4.9%	5.9%	6.5%	-6.3%	1.22%
ANDHRAPAP	₹1,279 cr	46.3x	0.7x	1.4%	2.4%	4.8%	-6.7%	1.56%
NRAIL	₹1,122 cr	18.1x	1.4x	7.8%	10.0%	9.7%	+6.7%	0.31%
TNPL	₹899 cr	3.4x	0.4x	11.8%	6.6%	10.6%	-3.6%	2.31%
PDMJEPAPER	₹807 cr	8.8x	1.2x	14.5%	18.3%	15.4%	+2.1%	0.71%
EMAMIPAP	₹685 cr	7.7x	1.2x	14.9%	14.7%	12.0%	-6.2%	2.12%
SATIA	₹625 cr	–	0.6x	-0.7%	3.6%	7.8%	-8.3%	0.32%
SAPPL	₹266 cr	6.4x	0.9x	15.8%	16.9%	14.7%	+23.5%	–

All 40 companies in Paper & Paper Products →

Dividends & corporate actions

Ex-date	Action	Detail
2023-07-27	Dividend	Dividend Rs 1.0
2022-09-09	Dividend	Final Dividend Rs 1.0
2021-09-16	Dividend	Final Dividend Rs 1.0
2020-09-16	Dividend	Dividend Rs 0.75
2019-08-28	Dividend	Final Dividend Rs 0.75

Documents

Links go to the original files on the exchange website.

About the company


Sector	Commodities
Industry	Paper & Paper Products
Sub-industry	Paper & Paper Products
Symbol	SAPPL
BSE code	538795
ISIN	INE185C01017
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.